The Venky Don't Care

[RoyWegerlesLeftToe]

The Venkys don't care. The really don't. They don't know how we're doing. They don't care if we get relegated. They don't care if you do or don't go on the games. They don't care who's in charge of the club on a day to day basis. They haven't provided instructions to the management on how the club is run as that would require them to care, but as I mentioned before they don't. They don't care if we sell our best players and replace them with cheaper players, they really don't.

All they care about is the massive black hole they have on their balance sheet because they happened to buy an old English football team. A black hole which has been funded by debt and grants provided by the Indian government (and others). To this date they haven't realised that debt, there is no sunk cost fallacy. At the moment, they haven't lost anything, but if they sold they'd need to book a huge loss in their accounts. This is a problem.

The thing is that the debt isn't on the club. If the Venkys sold up, the black hole wouldn't fall on "us" due to the equity set up (there are smaller debts,  e.g. from HMRC, we do need to be concerned about but we can ignore them for now).

If you chant against the regime at home games, it doesn't matter because they aren't listening. If you protest before the game, it doesn't matter because they aren't watching. If you throw a chicken on the pitch, it's done on deaf ears because, well, we're just an asset.

The only way you can impact change is by one of the following:

1. Help get them promoted to the prem so that we are worth more than the black hole and we can be sold.

2. Get the debt in Indian forgiven so the owners will sell.

3. Make the situation so fucking embarrassing for the Venkys IN INDIA that they will stomach a huge loss on their balance sheet. This means going to India and doing things.

So, what are you going to do? And I won't accept hiding from the problem by not attending the games or shouting Venkys out into a vacuum. 

[SIMON GARNERS 194]

They dont want promotion,its not the 'project' FFS!!!

[Miller11]

Venky’s were “badly advised” to buy the club by Suhail Pasha.

Venky’s were “badly advised” to go into partnership with a certain agency, by Suhail Pasha.

The agency recommended by Suhail Pasha then “badly advised” Venky’s to sack competent people, employ incompetent ones, and decimate our squad.

They eventually took said agency to court, but allowed former employees of that agency to install Owen Coyle, Paul Lambert, and Tony Mowbray. Without said agency advising, they decided that Suhail Pasha could come back and do the advising instead!

His most recent advice to them has been to tell them that all the crowd unrest was due to Steve Waggott, it was Waggott the fans didn’t like, not them. And all the fans were really pleased that he’d employed a club legend like Rudy Gestede - who could run the footballing side of things way better than Broughton or Waggott.

His latest advice, which will no doubt turn out to be bad, is that they can cut costs to the extent that Venky’s won’t ever need to put another penny in to Rovers sooner rather than later.

There is one man more culpable than any other for the state we find ourselves in today. More so than Steve Kean or Jerome Anderson. And he is still here being allowed to make catastrophic decisions.

Removing this absolute scourge has to be the priority.

[Tomphil2]

I've howled about my suspicions on this blokes involvement for years he is the undeniable constant besides them themselves and hes now helped wreck a side that was knocking on the door of the play offs.

He's also managed to go through a manager, 2 head coaches, multiple backroom staff, a DoF and now a CEO in a matter of a few years but they were all the problem, not him.

I'm so glad it's all finally coming to light he's the real power broker and BRFC and alongside the actual ownership he is the real problem.

[TugaysMarlboro]

1 hour ago, Miller11 said:

Venky’s were “badly advised” to buy the club by Suhail Pasha.

Venky’s were “badly advised” to go into partnership with a certain agency, by Suhail Pasha.

The agency recommended by Suhail Pasha then “badly advised” Venky’s to sack competent people, employ incompetent ones, and decimate our squad.

They eventually took said agency to court, but allowed former employees of that agency to install Owen Coyle, Paul Lambert, and Tony Mowbray. Without said agency advising, they decided that Suhail Pasha could come back and do the advising instead!

His most recent advice to them has been to tell them that all the crowd unrest was due to Steve Waggott, it was Waggott the fans didn’t like, not them. And all the fans were really pleased that he’d employed a club legend like Rudy Gestede - who could run the footballing side of things way better than Broughton or Waggott.

His latest advice, which will no doubt turn out to be bad, is that they can cut costs to the extent that Venky’s won’t ever need to put another penny in to Rovers sooner rather than later.

There is one man more culpable than any other for the state we find ourselves in today. More so than Steve Kean or Jerome Anderson. And he is still here being allowed to make catastrophic decisions.

Removing this absolute scourge has to be the priority.

I Wouldn't piss on him if he was on fire.

[JHRover]

This guy is a big problem no doubt, and there are dots being joined about his involvement and agenda, but it all starts and ends with Venkys.

No more of this that they are fine in the background but are being misled/taken advantage of/will learn from mistakes. They are poison as much or more than those they employ to do their dirty work.

They will only leave when they have to. Hopefully - long shot - their legal issues and restrictions eventually break them or their business collapses into dust and then we are freed from their occupation but I'm not confident of that. It may be a waiting game and may take many years for the evil four to give up or for control of their business to pass to others. Hopefully then there's a change. It might take decades but so be it. This club will never achieve its potential or grow/improve under their occupation. 

[lraC]

2 hours ago, Miller11 said:

Venky’s were “badly advised” to buy the club by Suhail Pasha.

Venky’s were “badly advised” to go into partnership with a certain agency, by Suhail Pasha.

The agency recommended by Suhail Pasha then “badly advised” Venky’s to sack competent people, employ incompetent ones, and decimate our squad.

They eventually took said agency to court, but allowed former employees of that agency to install Owen Coyle, Paul Lambert, and Tony Mowbray. Without said agency advising, they decided that Suhail Pasha could come back and do the advising instead!

His most recent advice to them has been to tell them that all the crowd unrest was due to Steve Waggott, it was Waggott the fans didn’t like, not them. And all the fans were really pleased that he’d employed a club legend like Rudy Gestede - who could run the footballing side of things way better than Broughton or Waggott.

His latest advice, which will no doubt turn out to be bad, is that they can cut costs to the extent that Venky’s won’t ever need to put another penny in to Rovers sooner rather than later.

There is one man more culpable than any other for the state we find ourselves in today. More so than Steve Kean or Jerome Anderson. And he is still here being allowed to make catastrophic decisions.

Removing this absolute scourge has to be the priority.

Is his removal imminent and will the poisonous Gestede go with him, if he goes?

Its becoming, critical now and the damage will be irreversible, if it carries on much longer.

[Upside Down]

1 hour ago, JHRover said:

This guy is a big problem no doubt, and there are dots being joined about his involvement and agenda, but it all starts and ends with Venkys.

No more of this that they are fine in the background but are being misled/taken advantage of/will learn from mistakes. They are poison as much or more than those they employ to do their dirty work.

They will only leave when they have to. Hopefully - long shot - their legal issues and restrictions eventually break them or their business collapses into dust and then we are freed from their occupation but I'm not confident of that. It may be a waiting game and may take many years for the evil four to give up or for control of their business to pass to others. Hopefully then there's a change. It might take decades but so be it. This club will never achieve its potential or grow/improve under their occupation. 

Absolutely.

So sick of hearing about how badly advised they've been. 

Numerous people have tried numerous times to give them sound advice yet for some reason they always seem to follow the bad advice they've been given. Almost as though they've done so deliberately. 

Regarding Suhail, as someone said in another thread, you need to kill the guards before you storm the castle.

[...]

15 years is too long now. Soon to be a 16 year tenure. Do the right thing and sell up now. People would probably have more respect (though it's long diminished by now) if they held their hands up, publicly apologised....give out free season tickets on their last year, then leave 

[aletheia]

Good posts, thanks. A couple of things:

If Suhail goes, what happens? Do we get a similar (useless) replacement? Does it hasten the exit of the Raos? Do the shady agents (allegedly) still remain?

Going up was mentioned (as a way to generate money to allow an exit.) Does going down offer similar options?

[Miller11]

2 hours ago, aletheia said:

Good posts, thanks. A couple of things:

If Suhail goes, what happens? Do we get a similar (useless) replacement? Does it hasten the exit of the Raos? Do the shady agents (allegedly) still remain?

Going up was mentioned (as a way to generate money to allow an exit.) Does going down offer similar options?

I’d take useless over arrogant, vindictive, self serving, incompetent and deliberately sabotaging.

[Proudtobeblue&white]

They won't get rid of Pasha, as he's their "enforcer" and puppet. They have no interest whether we live or die, we are an irrelevance now. They were excited for a couple of minutes, but that soon wore off off once the dark lord got his teeth into us and the dickhead was appointed manager. It's as if they are punishing the club/town and fans for not giving them more reverence.

But you earn respect. We have none to give, so we are in an impasse. 

We bring nothing to their table, so the 100,000,000 rupee question, is why they stay?

It's the one question to which only they have the answer, but when you are a petulant child, you will be continually punished, with little hope of rehabilitation.

We are that petulant child sadly.

 

[Tomphil2]

The more i think about it the more the theory of massive borrowings in India secured against land and serviced by the clubs income and VH group subsidies the more it makes sense.

Needs paying down every now and then as it approaches tipping point hence fire sales/constant budget reduction but it's impossible for them to sell for less than 100 million plus because they'll be liable for the difference in sale price and owing's and it'll suddenly become due if the club is sold....or goes bust.

Hence the need for life support and accepting no other investors or due diligence etc.

Makes way more sense than some of the other stuff regarding criminal behaviour and tax evasion etc as the 'Bollywood Billionaires' as they were once described would be left extremely red faced if it came to light the 1/200 million they've 'invested' and blown into thin air is actually a gargantuan loan !!!!

[AAK]

On 22/08/2025 at 21:25, RoyWegerlesLeftToe said:

The Venkys don't care. The really don't. They don't know how we're doing. They don't care if we get relegated. They don't care if you do or don't go on the games. They don't care who's in charge of the club on a day to day basis. They haven't provided instructions to the management on how the club is run as that would require them to care, but as I mentioned before they don't. They don't care if we sell our best players and replace them with cheaper players, they really don't.

All they care about is the massive black hole they have on their balance sheet because they happened to buy an old English football team. A black hole which has been funded by debt and grants provided by the Indian government (and others). To this date they haven't realised that debt, there is no sunk cost fallacy. At the moment, they haven't lost anything, but if they sold they'd need to book a huge loss in their accounts. This is a problem.

The thing is that the debt isn't on the club. If the Venkys sold up, the black hole wouldn't fall on "us" due to the equity set up (there are smaller debts,  e.g. from HMRC, we do need to be concerned about but we can ignore them for now).

If you chant against the regime at home games, it doesn't matter because they aren't listening. If you protest before the game, it doesn't matter because they aren't watching. If you throw a chicken on the pitch, it's done on deaf ears because, well, we're just an asset.

The only way you can impact change is by one of the following:

1. Help get them promoted to the prem so that we are worth more than the black hole and we can be sold.

2. Get the debt in Indian forgiven so the owners will sell.

3. Make the situation so fucking embarrassing for the Venkys IN INDIA that they will stomach a huge loss on their balance sheet. This means going to India and doing things.

So, what are you going to do? And I won't accept hiding from the problem by not attending the games or shouting Venkys out into a vacuum. 

You’ll get nothing off rovers fans, they’re a real soft bunch, majority pathetic. People won’t like this but that’s exactly what majority of our fans are. Not got a shed of passion in them, venkys ass lickers/apologists, any other club would have got rid of these owners long ago.

Edited yesterday at 15:01 by AAK

[RevidgeBlue]

22 hours ago, Tomphil2 said:

The more i think about it the more the theory of massive borrowings in India secured against land and serviced by the clubs income and VH group subsidies the more it makes sense.

Needs paying down every now and then as it approaches tipping point hence fire sales/constant budget reduction but it's impossible for them to sell for less than 100 million plus because they'll be liable for the difference in sale price and owing's and it'll suddenly become due if the club is sold....or goes bust.

Hence the need for life support and accepting no other investors or due diligence etc.

Makes way more sense than some of the other stuff regarding criminal behaviour and tax evasion etc as the 'Bollywood Billionaires' as they were once described would be left extremely red faced if it came to light the 1/200 million they've 'invested' and blown into thin air is actually a gargantuan loan !!!!

Don't think they'd be down to their last million or two by any stretch if they had to repay all borrowing related to the Club but this is a far more plausible explanation than most.

[Gordon Ottershaw]

22 hours ago, AAK said:

You’ll get nothing off rovers fans, they’re a real soft bunch, majority pathetic. People won’t like this but that’s exactly what majority of our fans are. Not got a shed of passion in them, venkys ass lickers/apologists, any other club would have got rid of these owners long ago.

Very sad and very true. Venkys would not be tolerated at b*ly or Preston. Bolton and Blackpool fans demonstrated how you get rid of poisonous owners. Won't happen here.

[Tomphil2]

24 minutes ago, RevidgeBlue said:

Don't think they'd be down to their last million or two by any stretch if they had to repay all borrowing related to the Club but this is a far more plausible explanation than most.

Yep big business mostly use debt to leverage and if you have plenty fixed assets to secure it against and good liquidity then away you go.

Their only problem is when it's nearing tipping point and the lenders say woa you need to reel this in a bit and i think we reached that point whilst Mowbray was still here and before any court case began to bite. Also the fact that the parent company still has a massive turnover but profits and market value have much reduced post pandemic i presume.

Lenders won't be keen on seeing 10 million go to the club and ten million be held for the govt every 6 months and neither will the V's finance dept.

I can fully understand that to be fair although it doesn't help our cause and at any point one of them could stick a personal ten million in but they don't operate like that.

 

[Tomphil2]

25 minutes ago, Gordon Ottershaw said:

Very sad and very true. Venkys would not be tolerated at b*ly or Preston. Bolton and Blackpool fans demonstrated how you get rid of poisonous owners. Won't happen here.

Sorry but that holds no weight at all in regards to those other clubs bar Blackpool who had live targets right on their doorstep who they could directly impact. In any case it was the other fella who was the real end of the Oystons not the fans although they no doubt helped.

When have Burnley or Preston got rid of horrendous or dodgy owners ?

They haven't they've both been relatively well owned over the past 20/30 years the proof of the pudding is only there when you eat it.

People say protests etc have no impact but if we look back to the height of it Kean/Anderson & co then Shagnew where rooted out of the club after constant pressure on the ownership after the sent Shebby.  Eventually he to was pulled out and we entered the Waggot era which was largely stable so everyone plodded along.

Once the nonsense started again and the fans groups revved up again the heat focused on him he was pretty quickly gone. So i disagree protests don't have any impact at all it's just because of the unique way this ownership is shielded by thousands of miles and cultural differences it'll take something monumental to get rid.

And no amount of Bolton/Burnley/Preston would be any different in our shoes you just might get a few more arrests on matchday.

[Upside Down]

At the end of the day all we can do as fans is make their ownership of Rovers a perpetual PR nightmare. 

They clearly want to hide away from this so let's not give them that luxury. Drag their name through the mud the way they've done ours. Let the whole world know that they're just incompetent, spoilt, petulant small time morons. We need to make it so that whenever the name venkys comes up people's automatic response is "those fucking cretins that destroyed Blackburn Rovers". 

Whatever financial scam they've been running for the last 15 years is irrelevant to some degree, let's just concentrate on smashing their reputation.

[Leonard Venkhater]

26 minutes ago, Upside Down said:

At the end of the day all we can do as fans is make their ownership of Rovers a perpetual PR nightmare. 

They clearly want to hide away from this so let's not give them that luxury. Drag their name through the mud the way they've done ours. Let the whole world know that they're just incompetent, spoilt, petulant small time morons. We need to make it so that whenever the name venkys comes up people's automatic response is "those fucking cretins that destroyed Blackburn Rovers". 

Whatever financial scam they've been running for the last 15 years is irrelevant to some degree, let's just concentrate on smashing their reputation.

Somehow, we have to take the reputation damage to India.

Edited 2 hours ago by Leonard Venkhater